SEC Form 4 · accession 0001140361-17-014222
TUTOR PERINI CORP · TPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Frost
Officer — President & COO · Director
Period of report
Mar 31, 2017
Accepted (ET)
Mar 31, 2017 · 6:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077543
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 31, 2017 | M | 150,000 | — | A | 589,252 | D | |
| Common Stock | Mar 31, 2017 | F | 62,925 | $31.80 | D | 526,327 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 31, 2017 | M | 150,000 | D | — | — | Common Stock | 150,000 | 0 | D |
Explanation of responses
- F1The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis upon vesting.
- F2On May 30, 2012, the reporting person was granted 150,000 RSUs and 150,000 stock options (SOs) vesting on March 31, 2017, based on the achievement of a performance target for the three-year period ending December 31, 2016. The RSUs and SOs were previously voluntarily reported on Form 4.